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The inherent failures of 'Information Science' or' Information Technology' to deal with knowledge, necessitate the emergence of 'Knowledge Science' for Knowledge is a precious and strategic wealth and source of income. The complexity and diversity of knowledge must be studied and new research works are needed for the Mass Production,Delivery and Consumption of Knowledge and thereby knowledgization of the entire people. Knowmatics and Knowledge Science are the newly emerging fields of study. Mathew's Theories of Knowledge Consumption -Production and Cybernetics of Knowledge provide the methodological and theoretical foundations of Knowledge Science.